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Nov 14, 2012
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>> john mccain and myself we will introduce a resolution asking the majority leader, mitch mcconnell to do a select committee. why do you need one? the state department is under the foreign operations committee foreign relations committee oversight. department of defense is under armed service. if you have three different committees interviewing people separately we won't know what one group will significant sailing. so we should form a committee over department of defense, department of the state and the c.i.a. and ask questions and have a professional approach to this. i think congress would be making a huge mistake, let three committees go off by themselves and not coordinate. >> greta: senator harry reid, his view on a select committee is what? >> i don't know. i don't believe you can get to the truth in a professional way. when you talk to the c.i.a., also you want to talk to the defense, why were these people left hanging for eight hours. the c.i.a., why did you not get ready for an attack people were telling you. state department, god knows how many times did you fail the peop
>> john mccain and myself we will introduce a resolution asking the majority leader, mitch mcconnell to do a select committee. why do you need one? the state department is under the foreign operations committee foreign relations committee oversight. department of defense is under armed service. if you have three different committees interviewing people separately we won't know what one group will significant sailing. so we should form a committee over department of defense, department of...
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Nov 10, 2012
11/12
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i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all of their folks happy, but i think that's the deal in the works. >> greta: a couple of problems. number 1 is, the fact that -- today at least, i am always stunned when -- with the exception of senator tom coburn, i barely hear anyone talking about the tremendous amount of waste and fraud. we put up the example of the guy in the bathtub with the wine glass, which is a tiny, tiny bit, but it's representative of the mind-set here. no waste and frawpd fraud. they won't raise the tax rates, but when you do put caps on deductions, you are raising the effective rate. i mean, i guess
i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all...
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Nov 12, 2012
11/12
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the republicans remember when mitch mcconnell said make sure he is a one-term president. the president will be thinking about his legacy wanting to get things done. they lost voters by 56 percent. all that suggests to me is the president says something teaching the fiscal cliff i am willing to have 3-1 spending reductions as well as tax increases and pro growth tax reform package you can get something done there. >> president's second term notoriously difficult and the fact is the president won real election he didn't give as much of an agenda for his second term during the campaign. what do you expect from him that he has to worry ever again about reelection? >> go back to 2010 where they had the great mid term election. republicans think compromise is the answer for their political future. i would say think about what president obama did that ended up helping him win a huge reelection. he decided not to compromise he decided to double down on liberal i am. he marketed it in a new way he found inflexion points with women voters. he did it masterfully with jim macina and
the republicans remember when mitch mcconnell said make sure he is a one-term president. the president will be thinking about his legacy wanting to get things done. they lost voters by 56 percent. all that suggests to me is the president says something teaching the fiscal cliff i am willing to have 3-1 spending reductions as well as tax increases and pro growth tax reform package you can get something done there. >> president's second term notoriously difficult and the fact is the...
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Nov 12, 2012
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what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great. but if between now and then and the disagreements look really big and bad, that's going to damage this economy because it just shatters any consumer confidence going into the holiday season. >> yes. jenna: so, ultimately, they could find a solution, but damage will already be done. what dueck about that, bob? what do you think about the style to all this as well? >> that's why -- and i agree with that, they're going to need a deal by mid december because it's going to shatter consumer confidence, and the stock market's going to play a big role here. we
what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great....
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Nov 12, 2012
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the republicans, remember, mitch mcconnell said the top priority is make sure he is a one-term president. that's off the table. president will think of his legacy, want to get things done not just stake out positions. republicans need to worry about their brand and they lost moderate voters by 56%. all that suggests to me is the president says starting on the fiscal cliff, i'm willing to have two to three to one spending reductions versus the tax increases and a pro-growth tax reform package. you can get something done there. >> chris: laura, president's second terms are notoriously difficult. the fact is that although the president won re-election he didn't give as much of an agenda for the second term during the campaign. what do you expect from him now that he no longer has to worry again about re-election? >> it's instructive to go to 2010 when the republicans had a great mid-term election. for republicans thinking that compromise is the answer for their political future, i would say think about what president obama did that actually ended up helping him win huge re-election victory.
the republicans, remember, mitch mcconnell said the top priority is make sure he is a one-term president. that's off the table. president will think of his legacy, want to get things done not just stake out positions. republicans need to worry about their brand and they lost moderate voters by 56%. all that suggests to me is the president says starting on the fiscal cliff, i'm willing to have two to three to one spending reductions versus the tax increases and a pro-growth tax reform package....
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Nov 14, 2012
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now, senate republic leader mitch mcconnell says raises taxes on those businesses would cost 700,000 jobs. the president says we would simply return to the tax rates of the clinton years in which the economy created almost 8 times as many jobs as the administration of george w. bush. president will make his case to the public tomorrow and civic leaders on friday which is when these talks with congressional leaders come in. >> shepard: wendell goler on the north lawn. seven weeks isn't really seven weeks when you are talking about congress. lawmakers just got back to work today. then they are off next week for thanksgiving. then they will take a break for christmas and then time is up. mike emanuel is on capitol hill. one of the lawmakers back at work today congressman paul ryan. the republic vice presidential nominee. >> that's right, shep. paul ryan is expected to have a lot of clout after the elections. obviously a more recognizable name around the country. and he will continue on as the house budget chairman. ryan did not say a whole lot to reporters today. he seemed to be trying
now, senate republic leader mitch mcconnell says raises taxes on those businesses would cost 700,000 jobs. the president says we would simply return to the tax rates of the clinton years in which the economy created almost 8 times as many jobs as the administration of george w. bush. president will make his case to the public tomorrow and civic leaders on friday which is when these talks with congressional leaders come in. >> shepard: wendell goler on the north lawn. seven weeks isn't...
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Nov 13, 2012
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mitch mcconnell says higher taxes won't solve that problem. >> this is partisan politics. this is not an option. raising tax rates would destroy 700,000 jobs >> reporter: on this day, the president met with labor and progressive leaders since the day after his re-election that he opposed cuts to medicare and social security benefits. >> the president is committed to making sure that the middle class and the workers are paying the tax for parties we didn't get to. >> reigning in cost of medicare and medicaid is essential to controlling the deficit. mr. obama offered $34 billion a year in savings. republicans don't think it's enough. and they're demanding to be part of the solution. >> the venters also -- the voters also have republican controlled house and closely divided senate. in a government of three equal branchs, that is hardly irrelevant. >> at the white house, despite the seeming impasse over the bush tax cut, carney insists there is flexibility dealing with the deficit. >> i don't think the president is in a position of boxing ourselves in, or boxing others out. he
mitch mcconnell says higher taxes won't solve that problem. >> this is partisan politics. this is not an option. raising tax rates would destroy 700,000 jobs >> reporter: on this day, the president met with labor and progressive leaders since the day after his re-election that he opposed cuts to medicare and social security benefits. >> the president is committed to making sure that the middle class and the workers are paying the tax for parties we didn't get to. >>...
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Nov 13, 2012
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. >> mitch mcconnell didn't give mr. obama a mandate. they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news sunday." >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't. i don't understand why republicans don't take obama's offers to freeze taxes on everybody below 250,000. >> since polls indicate most people favor phasing out he upper income tax cuts. kristol ask why should republicans fall on swords for a bunch of millionaires who half of them live in hollywood and vote democratic anyway. two states have responded to make it legal to smoke marijuana and
. >> mitch mcconnell didn't give mr. obama a mandate. they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama...
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Nov 14, 2012
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but senate minority leader mitch mcconnell says he's ready to reach across the aisle. >> we are ready to find common ground on revenue. but we are also not about to further weaken the economy by raising tax rates and hurting jobs. bill: in 30 minutes, what would steve forbes do? martha: that's a question i always ask myself. in this situation, what would steve forbes do? pill * these are big, big issues and negotiations will go late into the night. we'll get steve's take coming up on that. martha: an investigation is underway after a small plane carrying three pilots crashed into a neighborhood. what witnesses heard and saw there. bill: there were serious questions about eric holder and what he knew about the petraeus affair. why didn't he tell the white house any sooner? >> lawmakers want to know in terms of when petraeus found out. he was under investigation. has it had any impact on the comments he made to senators about benghazi and what he knew? we just learned general petraeus says he does want to testify about benghazi. more in a moment. >> you can't get to the bottom of bengha
but senate minority leader mitch mcconnell says he's ready to reach across the aisle. >> we are ready to find common ground on revenue. but we are also not about to further weaken the economy by raising tax rates and hurting jobs. bill: in 30 minutes, what would steve forbes do? martha: that's a question i always ask myself. in this situation, what would steve forbes do? pill * these are big, big issues and negotiations will go late into the night. we'll get steve's take coming up on...
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Nov 8, 2012
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mcconnell. martha: virginia governor bob mcdonnell reacting to the election loss saying the republican party must find a way to better solve their core political message and the delivery. here it is. >> the outrage to newer, voters, minority voters, bret, we got pretty well clobbered across the board. i believe our conservative ideas are better for all those groups, all those people. we have to be more effective. i think our message is better. when young people looking crushing national debt, not being able to get a job when they get out of college i think our message resonates we have to be more effective getting to them early. martha: governor mcdonnell adds he is disappointed by romney's loss in his state, eight out of the 11 congressional seats for the republican team were won in the state of virginia. bill: here we go on a fox news alert. weekly jobless claims. it is thursday morning. number of americans seeking unemployment benefits dropped 8,000. 355 is the number. 355,000 filing for firs
mcconnell. martha: virginia governor bob mcdonnell reacting to the election loss saying the republican party must find a way to better solve their core political message and the delivery. here it is. >> the outrage to newer, voters, minority voters, bret, we got pretty well clobbered across the board. i believe our conservative ideas are better for all those groups, all those people. we have to be more effective. i think our message is better. when young people looking crushing national...
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Nov 16, 2012
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mcconnell. so the goal is to hammer out a deal or to begin the framework of hammering out a deal before series of automatic spending cuts and tax increases kick in the first of the year. some really do fear that could trigger yet another recession which nobody wants to see in this country. so that's how we welcome you to a brand new hour of "america's newsroom." happy friday, everybody, i'm martha maccallum. bill: how are you feeling? martha: great. bill: long week. martha: busy week. bill: i'm bill hemmer. good morning again. we have six weeks to go before you get a deal. one of the main sticking points remains whether other not you extend the current tax rates for all americans or you go for major tax reform that would help eliminate some of the current tax writeoffs. this is the speaker on the floor of the house. >> we're going to further weakening the economy by raising tax rates and hurting jobs. look, this shouldn't be that difficult. >> let us go to the table of good faith that we want so
mcconnell. so the goal is to hammer out a deal or to begin the framework of hammering out a deal before series of automatic spending cuts and tax increases kick in the first of the year. some really do fear that could trigger yet another recession which nobody wants to see in this country. so that's how we welcome you to a brand new hour of "america's newsroom." happy friday, everybody, i'm martha maccallum. bill: how are you feeling? martha: great. bill: long week. martha: busy week....
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Nov 9, 2012
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. >> john boehner and mitch mcconnell are professionals when it comes to understanding the art of the deal. we didn't win the elections, didn't get the senate. we have to accept the hand that's been dealt to us. if you don't get to take something off the table unless you put something on the table unless you have got a gun. we don't have a gun. we didn't get that in the election. so what we have got to understand and i'm hoping members of congress will follow the leader and members of the senate will follow their leader. you can't have every republican member of congress and member of the senate trying to create a side deal. that's disaster in the making. they are not going to get everything they want. they have got to get everything they can and protect the american people more than protect party ideology as they try to keep us from falling off the cliff. republicans can't afford to get blamed for this. bill: speaker boehner seems to be speaking the way senator mcconnell speaks. he said people think it means we'll agree to democratic demand and hike taxes. i'm here to tell them there
. >> john boehner and mitch mcconnell are professionals when it comes to understanding the art of the deal. we didn't win the elections, didn't get the senate. we have to accept the hand that's been dealt to us. if you don't get to take something off the table unless you put something on the table unless you have got a gun. we don't have a gun. we didn't get that in the election. so what we have got to understand and i'm hoping members of congress will follow the leader and members of the...
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Nov 14, 2012
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mitch mcconnell dozen by the president's claim that voters endorse a tax increase to do that. >> while voters have given him a second term, they have also given those of us in congress the power and the duty to ensure that he uses that wisely. and that is, of course, what we intend to do. reporter: republicans are suggesting tax reform, but there may not be time for that to happen before the end of your. jenna: the news conference is happening little bit over an hour from now. wendell, thank you very much. jon: fox can now confirm that general david petraeus from the former director of the cia, has agreed to testify to congress on the benghazi terror attacks. what will he say now that he is no longer in charge at the spy agency? plus, no doubt you have heard us talk about the fiscal cliff. what happens if the president and the congress strike out when they try to strike a deal? "the wall street journal"'s david russell joins us. >> how will this all end? will it take for them to just talk about the deficit to doing something about the deficit. perhaps an artificial crisis like the fisc
mitch mcconnell dozen by the president's claim that voters endorse a tax increase to do that. >> while voters have given him a second term, they have also given those of us in congress the power and the duty to ensure that he uses that wisely. and that is, of course, what we intend to do. reporter: republicans are suggesting tax reform, but there may not be time for that to happen before the end of your. jenna: the news conference is happening little bit over an hour from now. wendell,...
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Nov 8, 2012
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the president said that -- i guess he was going to walk mitch mcconnell's dog or wash john boehner's car in terms of going to capitol hill during the election, in terms of getting it done. the president, legislative leaders, and the american people, the voters are trying to figure this out. how do we compromise? can compromise be tempered by conscience? should first principles be given up for second chances? where do we go? do we say okay, tax the rich but don't put in political supreme court justices? do we say okay, yeah, we're going to do global warming, but at the same time we're not going to do the deficit the way the president wants to have it done? do people walk away from what they believe in the hope of bringing this country together? i think in the end not. i think what people have to walk away from is pride and ego and i'm referring to those same political leaders that you referred to at the beginning of the segment. if they walk away from their pride, they walk away from their ego and say, i'm going to think about gretchen carlson, and think about people in indiana. i'm g
the president said that -- i guess he was going to walk mitch mcconnell's dog or wash john boehner's car in terms of going to capitol hill during the election, in terms of getting it done. the president, legislative leaders, and the american people, the voters are trying to figure this out. how do we compromise? can compromise be tempered by conscience? should first principles be given up for second chances? where do we go? do we say okay, tax the rich but don't put in political supreme court...
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Nov 11, 2012
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and why not focus as boehner says we have to as mitch mcconnell says we have to, to lower taxes and get more growth and you actually net more additional revenue, i'm for additional revenue not for tax increases, neither has boehner suggested. >> alisyn: well, he didn't talk about the loopholes being closed right there. >> dave: well, he said additional revenue that's the only way to get. >> alisyn: he's saying you get additional revenue when you take off the shackles of businesses when he they have lower tax rate. is he saying there will be increased revenue. >> mike: through growth. . >> dave: that's a very, very different argument. >> mike: changing tax codes and entitlement of reform, you can't get that before december 31st. >> dave: not a chance. they'll do a short-term deal and we're going to sort through this with chris wallace, he's next, today on fox news sunday he has a member of the house and senate's democrat and republican, so, the four of them should be able to come to the compromise, today on fox news sunday. >> alisyn: there you go. >> dave: he'll solve it. >> alisyn: tha
and why not focus as boehner says we have to as mitch mcconnell says we have to, to lower taxes and get more growth and you actually net more additional revenue, i'm for additional revenue not for tax increases, neither has boehner suggested. >> alisyn: well, he didn't talk about the loopholes being closed right there. >> dave: well, he said additional revenue that's the only way to get. >> alisyn: he's saying you get additional revenue when you take off the shackles of...
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Nov 9, 2012
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mitch mcconnell has certainly got john boehner's back. he agrees. he says, quote, one issue i've never been conflicted about is taxes. i wasn't sent to washington to raise anybody's taxes to pay for more wasteful spending. and this election doesn't change my principles. here is something that the president and the folks in the white house have to think about. since they are intent on raising taxes, the congressional budget office says hold the phone. not so fast because if the taxes all get hiked up as they're going to at the end of the year unless there is some sort of a change and they come to an agreement, there would wind up being a recession in this country one year from right now, unemployment would be above 9% and the economy, they say, would contract by about a half a percent when it comes to the gdp. those are two very sobering numbers. in other words, if they can figure a way to do something about the debt problem and also about stuff we were just talking about right there, you know, as we got up to the cliff, we'll have a way down. but yo
mitch mcconnell has certainly got john boehner's back. he agrees. he says, quote, one issue i've never been conflicted about is taxes. i wasn't sent to washington to raise anybody's taxes to pay for more wasteful spending. and this election doesn't change my principles. here is something that the president and the folks in the white house have to think about. since they are intent on raising taxes, the congressional budget office says hold the phone. not so fast because if the taxes all get...